This gaming company is experiencing slowing growth on the top line and mounting losses on the bottom line.
Mobile gaming platform operator Skillz (SKLZ 2.67%) just reported third-quarter results that showed continued declines. Customers are leaving, revenue is falling, and losses are increasing. That said, is this an opportunity to buy low on Skillz stock? This video will answer that question.
*Stock prices used were the afternoon prices of Nov. 5, 2022. The video was published on Nov. 7, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Skillz Inc. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
